National Bank Financial Analysts Cut Earnings Estimates for Taseko Mines Limited (TSE:TKO)

National Bank Financial Analysts Cut Earnings Estimates for Taseko Mines Limited (TSE:TKO)

Taseko Mines Limited (TSE:TKO – Get Score) (NYSE:TGB) – Investment analysts at Nationwide Financial institution Fiscal reduced their FY2022 EPS estimates for Taseko Mines in a report issued on Monday, July 18th. Countrywide Financial institution Economical analyst S. Nagle now expects that the organization will earn $.14 for each share for the yr, down from their prior forecast of $.17. The consensus estimate for Taseko Mines’ latest full-year earnings is $.16 per share.

Taseko Mines (TSE:TKO – Get Ranking) (NYSE:TGB) very last posted its quarterly earnings information on Wednesday, Might 4th. The enterprise described C$.02 EPS for the quarter, missing analysts’ consensus estimates of C$.03 by C($.01). The organization experienced profits of C$118.33 million in the course of the quarter.

A number of other investigate analysts also recently weighed in on the firm. BMO Capital Markets reduce their price concentrate on on Taseko Mines from C$3.50 to C$3.25 in a investigation be aware on Friday, May possibly 6th. TD Securities decreased their price goal on Taseko Mines from C$3.75 to C$3.25 and set a “get” rating on the inventory in a investigate report on Friday, Might 6th. Stifel Nicolaus reduced their price tag target on Taseko Mines from C$3.40 to C$2.50 in a investigation report on Tuesday. Scotiabank decreased their rate goal on Taseko Mines from C$3.00 to C$2.00 in a report on Thursday, July 7th. Last but not least, Countrywide Bankshares diminished their price objective on Taseko Mines from C$1.85 to C$1.70 and set a “sector conduct” rating on the stock in a report on Tuesday. 1 analyst has rated the inventory with a sell rating, two have assigned a maintain ranking and a few have assigned a acquire ranking to the enterprise. According to knowledge from MarketBeat, the firm has a consensus rating of “Maintain” and a consensus value goal of C$2.73.

Taseko Mines Price tag Efficiency

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Shares of TKO opened at C$1.25 on Wednesday. The inventory has a sector cap of C$357.86 million and a P/E ratio of 6.58. The business’s fifty working day moving ordinary is C$1.69 and its 200 day moving normal is C$2.26. Taseko Mines has a 12-thirty day period low of C$1.15 and a 12-month significant of C$3.00. The firm has a quick ratio of 2.33, a present ratio of 3.06 and a financial debt-to-fairness ratio of 143.79.

About Taseko Mines

(Get Rating)

Taseko Mines Confined, a mining corporation, acquires, develops, and operates mineral attributes. The organization explores for copper, molybdenum, gold, niobium, and silver deposits. It retains 75{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} fascination in the Gibraltar mine positioned in British Columbia. It also retains 100{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} desire in Yellowhead copper project, the Aley niobium undertaking, and the New Prosperity gold and copper job situated in British Columbia and the Florence copper project found in Arizona.

Advisable Tales

Earnings History and Estimates for Taseko Mines (TSE:TKO)

This quick news warn was produced by narrative science technological know-how and economic details from MarketBeat in order to present visitors with the speediest and most exact reporting. This tale was reviewed by MarketBeat’s editorial crew prior to publication. Remember to send out any issues or reviews about this tale to get hold of@marketbeat.com.

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National Bank Financial Analysts Lift Earnings Estimates for Thomson Reuters Co. (NYSE:TRI)

National Bank Financial Analysts Lift Earnings Estimates for Thomson Reuters Co. (NYSE:TRI)

Thomson Reuters Co. (NYSE:TRIGet Rating) (TSE:TRI) – Equities researchers at National Bank Financial increased their FY2022 EPS estimates for Thomson Reuters in a note issued to investors on Monday, July 11th. National Bank Financial analyst A. Shine now expects that the business services provider will post earnings of $2.39 per share for the year, up from their prior forecast of $2.38. The consensus estimate for Thomson Reuters’ current full-year earnings is $2.45 per share. National Bank Financial also issued estimates for Thomson Reuters’ Q4 2022 earnings at $0.68 EPS and FY2023 earnings at $3.51 EPS.

Thomson Reuters (NYSE:TRIGet Rating) (TSE:TRI) last announced its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Thomson Reuters had a net margin of 25.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 6.83{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Thomson Reuters’s revenue was up 5.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 earnings per share.

Other research analysts have also recently issued reports about the stock. StockNews.com raised shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Tuesday, May 17th. CIBC raised shares of Thomson Reuters from a “neutral” rating to a “sector outperform” rating in a research report on Tuesday, June 14th. Finally, Barclays reduced their target price on shares of Thomson Reuters from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Friday, July 1st. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.88.

Shares of TRI stock opened at $104.92 on Wednesday. The stock has a market cap of $51.11 billion, a price-to-earnings ratio of 31.23, a price-to-earnings-growth ratio of 3.20 and a beta of 0.53. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.26. Thomson Reuters has a fifty-two week low of $91.55 and a fifty-two week high of $123.60. The firm’s 50 day moving average price is $99.27 and its two-hundred day moving average price is $103.91.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Thursday, May 26th were issued a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, May 25th. This represents a $1.78 annualized dividend and a yield of 1.70{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Thomson Reuters’s dividend payout ratio is presently 52.98{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp raised its holdings in Thomson Reuters by 67.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Mackenzie Financial Corp now owns 7,105,567 shares of the business services provider’s stock valued at $772,664,000 after acquiring an additional 2,859,546 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Thomson Reuters by 5.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. The Manufacturers Life Insurance Company now owns 6,148,867 shares of the business services provider’s stock valued at $669,181,000 after acquiring an additional 340,895 shares in the last quarter. Vanguard Group Inc. raised its holdings in Thomson Reuters by 2.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Vanguard Group Inc. now owns 5,314,854 shares of the business services provider’s stock valued at $578,521,000 after acquiring an additional 118,225 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Thomson Reuters by 33.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,838,820 shares of the business services provider’s stock valued at $339,742,000 after acquiring an additional 706,875 shares in the last quarter. Finally, Fiera Capital Corp raised its holdings in Thomson Reuters by 5.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Fiera Capital Corp now owns 2,804,912 shares of the business services provider’s stock valued at $305,008,000 after acquiring an additional 155,405 shares in the last quarter. 21.17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by hedge funds and other institutional investors.

About Thomson Reuters (Get Rating)

Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

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Earnings History and Estimates for Thomson Reuters (NYSE:TRI)



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Stocks rise as Wall Street weighs fresh bank earnings

Stocks rise as Wall Street weighs fresh bank earnings

Stocks rallied on Friday as traders digested a clean batch of bank earnings and robust financial information, which alleviated some worries that the Federal Reserve could hike by 100 basis points to subdue soaring inflation.

The Dow Jones Industrial Typical popped 550 points, or 1.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The S&P 500 jumped 1.57{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and the Nasdaq Composite extra 1.33{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, but stocks remained on monitor for weekly losses.

“The industry is having a tiny bit more certain that the Fed is in all probability not likely to be delivering a whole position rate maximize at the close of the thirty day period and that we are having close to looking at peak Fed tightening get priced into the marketplace,” stated Edward Moya, a senior analyst at OANDA. That is “providing some reduction for investors to scale back again into equities.”

A new spherical of financial institution outcomes from Wells Fargo and Citigroup supplied more insight into the state of the economy. Wells Fargo popped 6.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} even as quarterly profits declined 48{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and the financial institution established aside resources for negative loans. Citigroup soared 11.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} as it conquer estimates and benefited from a increasing level atmosphere.

A working day earlier, buyers combed via troubling studies from JPMorgan Chase and Morgan Stanley, which kicked off significant lender earnings, and also weighed the chance of more substantial interest price hikes from the Federal Reserve and looming economic downturn issues.

That, merged with potent preliminary client sentiment facts and retail sales for June, seemed to soothe concerns that the Fed will hike by 100 basis points at future policy conferences. It also indicated that consumers are bolstering retail spending even as inflation hits file highs.

The quantities are a sign of aid to equities, assisting lower the likelihood of a steeper hike. Even so, a 75 foundation point increase is continue to on deck for July, reported Kathy Bostjancic of Oxford Economics.

“The current market appears to be welcoming the information, even though retail toughness could only include fuel to the Fed’s fireplace to carry on its fee hike campaign to great the financial system and tame inflation,” stated Mike Loewengart, managing director of financial investment technique at Morgan Stanley’s E-Trade Capital Administration, noting that the quantities are not altered for inflation.

Friday’s benefits enthusiastic a wide-based rally across the S&P 500. All key sectors moved higher on the working day. Financials jumped a lot more than 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, boosted by surging lender shares. Healthcare bounced 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} as UnitedHealth rallied 5.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on the again of sturdy quarterly benefits.

Battered tech stocks also jumped on Friday. Meta Platforms, Salesforce and Amazon attained 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} although Netflix jumped 5.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Goldman Sachs, UnitedHealth and JPMorgan Chase led the Dow’s restoration, soaring more than 4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} every.

For the 7 days, the Dow is down .5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, whilst the S&P and Nasdaq have slipped 1.32{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and 2.09{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, respectively.

In corporate information, Pinterest shares surged 14.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} adhering to a Wall Street Journal report that stated activist investor Elliott Management took a stake of much more than 9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the social media organization.

National Bank Financial Analysts Boost Earnings Estimates for Thomson Reuters Co. (NYSE:TRI)

National Bank Financial Analysts Boost Earnings Estimates for Thomson Reuters Co. (NYSE:TRI)

Thomson Reuters Co. (NYSE:TRI – Get Rating) (TSE:TRI) – Stock analysts at National Bank Financial upped their FY2022 earnings per share (EPS) estimates for Thomson Reuters in a note issued to investors on Monday, July 11th. National Bank Financial analyst A. Shine now forecasts that the business services provider will post earnings per share of $2.39 for the year, up from their previous forecast of $2.38. The consensus estimate for Thomson Reuters’ current full-year earnings is $2.45 per share. National Bank Financial also issued estimates for Thomson Reuters’ Q4 2022 earnings at $0.68 EPS and FY2023 earnings at $3.51 EPS.

Several other research firms have also recently issued reports on TRI. CIBC raised Thomson Reuters from a “neutral” rating to a “sector outperform” rating in a research note on Tuesday, June 14th. Barclays decreased their target price on Thomson Reuters from $125.00 to $115.00 and set an “equal weight” rating for the company in a research note on Friday, July 1st. Finally, StockNews.com raised Thomson Reuters from a “sell” rating to a “hold” rating in a research note on Tuesday, May 17th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $131.88.

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When you start getting paid 26{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on your money, your financial problems tend to pretty much evaporate.

NYSE:TRI opened at $105.24 on Wednesday. Thomson Reuters has a 1 year low of $91.55 and a 1 year high of $123.60. The stock has a market cap of $51.26 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 3.20 and a beta of 0.53. The business has a fifty day moving average of $99.12 and a 200-day moving average of $103.90. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.01 and a current ratio of 1.01. Thomson Reuters (NYSE:TRI – Get Rating) (TSE:TRI) last released its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.02. Thomson Reuters had a return on equity of 6.83{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a net margin of 25.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was up 5.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} compared to the same quarter last year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Thursday, May 26th were paid a $0.445 dividend. The ex-dividend date of this dividend was Wednesday, May 25th. This represents a $1.78 dividend on an annualized basis and a yield of 1.69{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Thomson Reuters’s dividend payout ratio is currently 52.98{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

A number of institutional investors and hedge funds have recently modified their holdings of TRI. Mackenzie Financial Corp increased its stake in Thomson Reuters by 67.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. Mackenzie Financial Corp now owns 7,105,567 shares of the business services provider’s stock worth $772,664,000 after purchasing an additional 2,859,546 shares in the last quarter. Norges Bank purchased a new position in Thomson Reuters in the 4th quarter worth about $191,514,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in Thomson Reuters by 33.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,838,820 shares of the business services provider’s stock worth $339,742,000 after purchasing an additional 706,875 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Thomson Reuters by 5,493.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 492,364 shares of the business services provider’s stock worth $53,441,000 after purchasing an additional 483,561 shares in the last quarter. Finally, AGF Investments Inc. increased its stake in Thomson Reuters by 105.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. AGF Investments Inc. now owns 938,895 shares of the business services provider’s stock worth $101,937,000 after purchasing an additional 481,546 shares in the last quarter. 21.17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by hedge funds and other institutional investors.

Thomson Reuters Company Profile (Get Rating)

Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

Read More

Earnings History and Estimates for Thomson Reuters (NYSE:TRI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Thomson Reuters right now?

Before you consider Thomson Reuters, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Thomson Reuters wasn’t on the list.

While Thomson Reuters currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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National Bank Financial Analysts Lower Earnings Estimates for IGM Financial Inc. (TSE:IGM)

National Bank Financial Analysts Lower Earnings Estimates for IGM Financial Inc. (TSE:IGM)

IGM Monetary Inc. (TSE:IGM – Get Rating) – Equities scientists at Nationwide Bank Fiscal minimize their Q2 2022 EPS estimates for shares of IGM Economic in a report unveiled on Wednesday, July 6th. Countrywide Lender Money analyst J. Gloyn now forecasts that the economical solutions provider will post earnings for each share of $.88 for the quarter, down from their previous estimate of $.96. The consensus estimate for IGM Financial’s existing full-yr earnings is $4.12 per share. National Financial institution Fiscal also issued estimates for IGM Financial’s Q3 2022 earnings at $.90 EPS, Q4 2022 earnings at $.92 EPS, FY2022 earnings at $3.61 EPS and FY2023 earnings at $4.09 EPS.

IGM has been the subject of various other investigation studies. TD Securities dropped their cost focus on on shares of IGM Fiscal from C$51.00 to C$48.00 and established a “buy” ranking for the corporation in a exploration observe on Monday, May perhaps 9th. Royal Lender of Canada dropped their selling price target on shares of IGM Fiscal from C$53.00 to C$47.00 and established a “sector complete” rating for the corporation in a investigate notice on Monday, May 9th. National Bankshares dropped their selling price concentrate on on shares of IGM Economic from C$53.00 to C$49.00 and set an “outperform” rating for the company in a research be aware on Thursday. Eventually, Scotiabank lowered their rate aim on shares of IGM Economic from C$51.00 to C$47.00 in a analysis report on Monday, May possibly 9th. One investment decision analyst has rated the inventory with a provide ranking, 3 have issued a keep ranking and five have given a invest in ranking to the company’s stock. Primarily based on knowledge from MarketBeat.com, the business has an typical ranking of “Maintain” and an normal value goal of C$52.50.

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TSE:IGM opened at C$35.15 on Friday. The enterprise has a fifty working day easy shifting regular of C$36.86 and a two-hundred day very simple transferring average of C$42.12. The company has a industry cap of C$8.41 billion and a price-to-earnings ratio of 8.49. The firm has a speedy ratio of .41, a latest ratio of 2.25 and a personal debt-to-fairness ratio of 35.72. IGM Fiscal has a 52 week minimal of C$33.80 and a 52 week large of C$51.68. IGM Monetary (TSE:IGM – Get Score) past posted its quarterly earnings success on Thursday, May 5th. The fiscal services provider described C$.91 EPS for the quarter, lacking the consensus estimate of C$.93 by C($.02). The company had income of C$857.23 million for the quarter, as opposed to analyst estimates of C$865.00 million.

About IGM Economic (Get Score)

IGM Money Inc operates as a wealth and asset administration enterprise in Canada. It operates as a result of Wealth Administration, Asset Management, and Strategic Investments and Other segments. The business provides financial advisory expert services IG Living Approach that provides fiscal organizing products and services, these as investment automobiles, insurance coverage items, property finance loan and banking answers, and charitable providing application IG Prosperity Administration Advisor Portal, a customer romance management platform and IG Wealth Management’s supplier platform, which provides improved automation and supports equally MFDA and IIROC certified advisors, as properly as new solutions on its financial commitment vendor platform.

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This immediate information notify was generated by narrative science engineering and economic facts from MarketBeat in purchase to deliver viewers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Remember to deliver any questions or reviews about this tale to get in touch with@marketbeat.com.

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National Bank Financial Analysts Reduce Earnings Estimates for Premium Brands Holdings Co. (TSE:PBH)

National Bank Financial Analysts Reduce Earnings Estimates for Premium Brands Holdings Co. (TSE:PBH)

Premium Manufacturers Holdings Co. (TSE:PBH – Get Ranking) – Equities research analysts at Nationwide Bank Money lessened their FY2022 earnings estimates for Premium Brand names in a study note issued on Monday, June 27th. Nationwide Bank Fiscal analyst V. Shreedhar now forecasts that the enterprise will gain $5.68 for each share for the year, down from their earlier forecast of $5.75. The consensus estimate for High quality Brands’ latest total-year earnings is $6.45 per share. Countrywide Lender Monetary also issued estimates for Quality Brands’ FY2023 earnings at $6.96 EPS.

Other equities analysts have also issued reviews about the stock. Scotiabank lessened their concentrate on rate on shares of High quality Brands from C$145.00 to C$137.00 in a report on Tuesday. TD Securities lowered their focus on price tag on shares of Top quality Makes from C$160.00 to C$150.00 and set a “buy” score on the inventory in a report on Wednesday. CIBC decreased their goal rate on shares of High quality Makes from C$120.00 to C$113.00 and established a “neutral” ranking on the stock in a report on Monday, Could 9th. Desjardins restated a “purchase” rating and issued a C$150.00 rate focus on on shares of High quality Manufacturers in a investigation notice on Sunday, April 17th. Eventually, National Bankshares lowered their selling price goal on shares of Top quality Brand names from C$138.00 to C$137.00 and set an “outperform” score on the inventory in a study observe on Tuesday, May 10th. Two expense analysts have rated the stock with a keep rating and four have assigned a buy rating to the enterprise. In accordance to MarketBeat, the enterprise currently has an regular score of “Moderate Obtain” and an average concentrate on value of C$140.67.

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TSE:PBH opened at C$94.25 on Thursday. Quality Manufacturers has a 52 7 days reduced of C$87.06 and a 52 week high of C$137.75. The agency has a sector cap of C$4.21 billion and a price-to-earnings ratio of 30.58. The firm’s 50-day uncomplicated moving average is C$99.12 and its 200 working day easy moving average is C$110.46. The firm has a financial debt-to-equity ratio of 119.93, a fast ratio of .95 and a latest ratio of 2.30. Quality Brands (TSE:PBH – Get Score) very last unveiled its quarterly earnings final results on Friday, May 6th. The firm described C$.88 EPS for the quarter, topping analysts’ consensus estimates of C$.83 by C$.05. The business enterprise experienced earnings of C$1.25 billion for the quarter, in contrast to the consensus estimate of C$1.27 billion.

The corporation also lately declared a quarterly dividend, which will be compensated on Friday, July 15th. Stockholders of record on Thursday, June 30th will be given a $.70 dividend. The ex-dividend day is Wednesday, June 29th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.97{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Top quality Brands’s dividend payout ratio (DPR) is presently 84.52{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Premium Brand names (Get Rating)

Premium Brands Holdings Corporation, via its subsidiaries, manufactures and distributes foods solutions primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Foods Distribution. The enterprise offers meat solutions and treats, deli solutions, beef jerky and halal, sandwiches, pastries, specialty and gourmet solutions, salads and kettle products, entrees, panini, wraps, subs, hamburgers, burgers, muffins, breads, pastas, and baking and sushi products and solutions, as effectively as processed meat goods and prepared-to-try to eat meals.

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Earnings History and Estimates for Premium Brands (TSE:PBH)

This fast news inform was generated by narrative science technological innovation and fiscal data from MarketBeat in order to offer audience with the swiftest and most accurate reporting. This story was reviewed by MarketBeat’s editorial crew prior to publication. Be sure to send any questions or feedback about this story to [email protected]

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